The Spread of Technology Fuels Growth Potential

Emerging markets offer vast potential for business expansion. For example, while more than three-quarters of potential users in the euro zone and U.S. are already accessing the Internet, market penetration in India is only 10.1%, indicating wide latitude for broader adoption of new technologies.

Emerging Market Middle Class

Sources: Leaderswest, Renault-Nissan; Market Realist; World Bank, December 2013. Most recent data available as of 12/31/12.

The opinions referenced are as of the date of publication and are subject to change due to changes in the market
or economic conditions and may not necessarily come to pass. Information contained herein is for informational
purposes only and should not be considered investment advice.